PRINCIPAL BUSINESS ACTIVITIES. The Company is an investment holding company and the principal business activities of its subsidiaries are provision of property agency services in respect of industrial and commercial properties and shops in Hong Kong. The principal business activities of the Midland Group are provision of property agency services in respect of residential properties in Hong Kong, Macau and the PRC. REASONS FOR THE TRANSACTIONS The Directors (including the independent non-executive Directors) consider that the terms of the Transactions are on normal commercial terms, or on terms no less favourable than those available from independent third parties and, together with the Annual Cap, are fair and reasonable. The Directors consider that the Transactions would provide flexibility to the Group to utilise its surplus cash at its discretion for an enhanced return, which surplus cash might otherwise be placed with banks as deposits attracting a lower return. They consider that the Transactions are in the interests of the Company and the Shareholders as a whole. As Xx. XXXX Xxx Xxx, Xxxxx and Xx. XXXX Xxxxx Xx, Xxxxxx are directors of both Midland and the Company, they are deemed to have a material interest in the Services Agreement and have abstained from voting on the resolutions at the Board meeting approving the same.
PRINCIPAL BUSINESS ACTIVITIES. The Company is principally engaged in the production and sale of aluminium, including alloys and value-added products, and alumina. Limited Liability Company «KraMZ-Auto» is principally engaged in the provision of transportation services. En+ is a leading international vertically integrated aluminium and hydropower producer.
PRINCIPAL BUSINESS ACTIVITIES. The Company is principally engaged in the production and sale of aluminium, including alloys and value-added products, and alumina. LLC Irkutskenergoremont is principally engaged in activities for supporting of operability of thermal power plants. En+ is a leading international vertically integrated aluminium and hydropower producer.
PRINCIPAL BUSINESS ACTIVITIES. The Company is principally engaged in the production and sale of aluminium, including alloys and value-added products, and alumina. JSC “Baikalenergo” is principally engaged in generating heat and electricity, the production, transmission and distribution of steam and hot water (thermal energy), and activities for supporting of operability of thermal networks. Khakass Utility Systems LLC and Baikal Energy Company LLC are principally engaged in generating heat and electricity. En+ is a leading international vertically integrated aluminium and hydropower producer.
PRINCIPAL BUSINESS ACTIVITIES. The Group is principally engaged in the manufacturing and trading of garment, textile products and laptop bags and the provision of freight forwarding and logistics services. The principal activity of the Contractor is carrying out construction work in Guam.
PRINCIPAL BUSINESS ACTIVITIES. The Company has been formed for the express purposes set forth in the Company's Certificate of Incorporation. Subject to the provisions of its Certificate of Incorporation, the Company shall conduct the following principal activities and provide Global 2000 and other major corporations with the following services: o Expert financial valuation and evaluation services for the identification of corporate assets; o The development of customized on-line asset management programs based on the ORBIT System technology and to include the listing of all applicable corporate assets on a standard database for the internal marketing, sale and/or trading of identified corporate assets; o The sale and/or trading of identified corporate assets between a company's authorized operating units, divisions and facilities on a worldwide basis; o The on-line marketing, remarketing and sales of corporate assets on a global business basis, to include the development of an Internet and Electronic commerce platform for business-to-business on-line auctions and other historically utilized marketing efforts; and o The off-line marketing, remarketing and sales of corporate assets subsequent to on-line marketing, remarketing and sales efforts.
PRINCIPAL BUSINESS ACTIVITIES. The Company is principally engaged in the production and sale of aluminium, including alloys and value-added products, and alumina. KraMZ-Auto is principally engaged in the provision of transportation services.
PRINCIPAL BUSINESS ACTIVITIES. The Company is principally engaged in the production and sale of aluminium, including alloys and value-added products, and alumina. JSC Irkutskenergo is principally engaged in generating heat and electricity.
PRINCIPAL BUSINESS ACTIVITIES. The Company is principally engaged in the production and sale of aluminium, including alloys and value-added products, and alumina. Closed Joint Stock Company “Baykalenergo” is principally engaged in generating heat and electricity.
PRINCIPAL BUSINESS ACTIVITIES. The Group is principally engaged in property development and investments in the areas of property, infrastructure, hotel operation, department store operation, services as well as telecommunications and technology. CTFJ Group is principally engaged in the production, marketing and sale of jewellery, and the retail of watches.